This translation is for information purposes only. In the event of discrepancies, the Swedish-language version takes precedence.

Micro Economics, 7.5 Higher education credits

Mikroekonomi, 7,5 Högskolepoäng

Established: 2024-11-28

Established by: School of Business, Economics and IT

Applies from: V25

Learning outcomes

On completion of the course, the student should be able to:

Knowledge and understanding

• describe the fundamental questions and challenges in the field of microeconomics
• describe the core microeconomic theories and models
• assess and evaluate the market outcomes
• explain the role of the government in the economy

Competence and skills

• choose the most relevant theory or model for analyzing a given microeconomic problem
• utilize microeconomic theories and models to analyze microeconomic issues
• analyze the role and the impact of government policies in the economy

Judgement and approach

• analyze microeconomic questions
• approach microeconomic inquiries with a discerning and methodologically rigorous attitude.

Entry requirements

General entry requirements

You also need: English 6, Mathematics 2a or Mathematics 2b or Mathematics 2c, Social Studies 1b or Social Studies 1a1 +1a2

The forms of assessment of student performance

In-class exam, assignments, and active participation in seminars

Course contents

• Opportunity cost, absolute and comparative advantage
• Demand, Supply, Market Dynamics, and Equilibrium
• Sensitivity of Demand and Supply to Price and Other Changes
• Consumer Choice and Demand
• Production, Costs and Supply
• Market Structure: Perfect Competition, Pure Monopoly, and Imperfect Competition
• Welfare Economics and Government Intervention

Other regulations

Course grading: F/Fx/E/D/C/B/A - Insufficient, Insufficient- more work required before the credit can be awarded, Sufficient, Satisfactory, Good, Very Good, Excellent

Course language: The teaching is conducted in English.

General rules pertaining to examination at University West are available at www.hv.se.

If the student has a decision/recommendation on special support due to disability, the examiner has the right to examine the student in a customized examination form.

Course Overlap

Read about course overlap in the Swedish version of this course syllabus.

Cycle

First cycle

Progressive specialization

G1N - first cycle, has only upper-secondary level entry requirements

Main field of study

Economics